Freddie Mac Won't Need Treasury Aid After Third-Quarter LossBy
Bottom line hit by accounting for hedges on interest-rate risk
FHFA's Watt points to increasing likelihood of future draws
Freddie Mac moved closer to needing another dose of U.S. Treasury Department aid after reporting its first quarterly loss since 2011 stemming mostly from accounting for hedges against interest-rate risk.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.